Critics (especially from the previous administration) repeatedly denied that the President’s policies would lead to this kind of economic growth.

Larry Summers, President Obama’s National Economic Council Director, dismissed the prediction that President Trump’s policies would lead to 3 percent growth.

Summers wrote in 2017: “Apparently, the budget forecasts that U.S. economic growth will rise to 3.0 percent because of the administration’s policies — largely its tax cuts and perhaps also its regulatory policies. Fair enough if you believe in tooth fairies and ludicrous supply-side economics.”

This criticism is especially outrageous considering the previous administration never reached growth this high during the four quarters of any calendar year.